Pony.ai Announces the First Close of Series D Financing Round

Pony.ai announced today that it had closed its Series D financing.

The Series D round, which has a significant valuation uplift from the 2020 “C” and “C+” rounds, is a recognition by investors of Pony.ai’s achieved technical milestones and significant progress toward a commercialized robotaxi and robotruck product.

The proceeds from the funding will be used to further augment Pony.ai’s hiring, investment in research and development, global testing of robotaxi and robotrucking on an ever-growing fleet, enter into important strategic partnerships, and accelerate our development toward mass production and mass commercial deployment.

Pony.ai was founded in 2016 and has been an innovator in the expansion of autonomous mobility technologies at rapidly expanding locations around the globe.

Pony.ai is a partner with many top OEMs, including Toyota, FAW Group and GAC Group.

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